The deal marks Berkshire’s shift toward full ownership of businesses amid a U.S. housing shortage projected to last a decade.
Berkshire Hathaway will acquire homebuilder Taylor Morrison Home for $8.5 billion, delisting its stock to make it a wholly owned private holding. The move reflects CEO Greg Abel’s strategy to prioritize full control over businesses rather than passive shareholding investments.
Berkshire already holds stakes in homebuilders and building materials firms, including Louisiana Pacific and Lennar, and privately owns Clayton Homes and Acme Brick. Analysts estimate the U.S. faces a shortage of 2.8 million homes, a gap that could take up to 10 years to address.
The acquisition underscores Berkshire’s focus on the residential real estate sector, aligning with its existing portfolio of housing-related assets.